Whatever sort of business you are running, no one likes an unexpected bill - or a bill that is significantly larger than what you had budgeted for.
Professional Services firms have often been one of the main culprits - when your advisers are charging by the hour, you are never really quite sure how much time they are spending on your affairs, or how they have come up with the big numbers that appear on your bill. That’s why here at Hailston + Co we offer “Fixed Price Accounting”- to help businesses keep a tighter control on their expenses.
Fixed Price Accounting is a fee structure that we use whereby the services which we will provide to your business are determined upfront, all key deliverables are clearly set out and documented, and (perhaps most importantly) the costs are clear and transparent.
Hailston + Co’s tailored fee package
There are lots of different ways that Fixed Price Accounting arrangements can be structured - at Hailston + Co we offer a range of packages depending on the size or complexity of your business. We recommend that you meet with us for an initial consultation where you can discuss your requirements and agree on the level of support and advice that you need. Most of our clients generally opt for an annual fee that includes telephone or email support and a set number of face-to-face review meetings each year.
Hailston + Co’s Fixed Price packages enables you to budget
As well as transparency in pricing, one of the key advantages of Hailston + Co’s Fixed Price Accounting approach is that you can accurately budget and forecast your expenditure on Accounting Services for the entire financial year. Whether you are paying an annual fee upfront, or spreading the costs out as a monthly payment, the certainty of this type of arrangement takes a lot of the guesswork out of your budgeting cycle.
What services can be included in Hailston + Co’s Fixed Price Accounting?
Any form of accounting and business support can be included in one of our Fixed Price Accounting packages - it all comes down to what your business needs and what sort of budget you are wanting to allocate. Whether it is Management Accounting, Tax Accounting, Income Tax Returns or Business Activity Statements (BAS), we’ll map out the steps and processes involved and accurately estimate the amount of time that we will need to spend working on your business, and we will be able to calculate the package costs that would be charged to you. No surprises.
If you want an in depth overview of the types of services we offer in our fixed packages, click here to leave your details.
Packages are individually customised
This doesn’t have to be a one-size-fits all approach, if you want a little bit more support in some areas, and a little bit less in others, or if you want to tweak a standard package to ensure that you’re getting maximum value from your relationship with us, then we can agree to a level of service and price that is entirely customised to your business.
If you would like to explore a fixed service package for your business, why not get in touch with us for a quote.
Having a Fixed Price Accounting arrangement in place with Hailston + Co takes the guesswork out of your accounting requirements - you know what you are paying for and you know what to expect. You will have a far greater sense of the value that we are adding to your business.
Image Credit: Our Office
